Gasoline prices averaged USD 1.76 per gallon in December, down 9.1% from November. On 31 December, the commodity traded at USD 1.72 per gallon, down 5.5% from 28 November.
Gasoline’s price premium over crude dipped to an 11-month low in December. U.S. refinery output as a share of capacity rose to near August 2025’s multi-year high as seasonal maintenance was finished, and data released in the month shows gasoline demand remained down year on year in October.
This chart displays Gasoline (US$/gal) from 2024 to 2025.
RBOB Gasoline (prices in US$/gal, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RBOB Gasoline | - | - | - | - | 2.37 | 2.57 | 2.26 | 2.00 | 2.10 | 2.11 | 2.09 | 1.85 |